Uber’s Asian rival Grab loses its head of engineering
Grab may be in the process of raising a huge $2.5 billion investment round, with SoftBank, Didi and Toyota confirmed as participants, but Uber’s Southeast Asia-based rival has lost its head…
Thailand’s Kasikorn Bank backs cloud accounting startup in first deal for $30M fund
Thailand’s banks have stepped up to chase the startup dream over the past year. Following on from SCB’s Digital Ventures, which has backed blockchain startup Ripple among others, Kasikorn Bank…
Uber’s Asia-based rival Grab has confirmed that it has taken an undisclosed investment from Toyota. The Japanese automotive giant has been named as one of the participants in Grab’s Series…
Chat app Kik to raise $125M through an ICO in September
Messaging app company Kik has revealed that it plans to raise $125 million via its ICO. The company first announced the plan to hold a token sale in May, taking…
CBS is expanding to Australia with buyout of troubled broadcaster Network Ten
CBS is to branch into Australia after it announced a deal to acquire struggling broadcaster Network Ten. The deal, which is subject to regulatory approvals, could save the network from…
Who is new Uber CEO Dara Khosrowshahi?
Uber’s search for a replacement for its former co-founder CEO Travis Kalanick looks to have reached its conclusion. Dara Khosrowshahi, the current CEO of Expedia, has been officially offered the…
Google Chrome could soon let you mute annoyingly noisy websites
Websites that auto-load videos with sound may soon be a thing of the past — or, at least, your days of having to put up with them could be. That’s…
Two ex-Googlers are using AI to guarantee interviews for tech job seekers
Two former Googlers are guaranteeing workers in the tech industry that they get interviews with their dreamer employers thanks to artificial intelligence. The past year or so has seen AI…
Indonesian Uber rival Go-Jek closes in on new $1.2 billion round
Go-Jek, the on-demand transportation company that rivals Uber and Grab in Indonesia, is getting close to pulling in its next huge funding round. That’s because JD.com, the China-based e-commerce firm…
Samsung heir handed 5-year jail sentence for bribery
Samsung vice chairman and the company’s heir apparent Jay Y. Lee is headed to jail after a court in Korea ruled that he is guilty of bribery, embezzlement, capital flight…
Grab is investing $100M to shut Uber out of fast-growing Myanmar
Grab is going all out to win the nascent ride-hailing market in Myanmar after it committed to investing $100 million into the Southeast Asian country over the next three years.…
Enigma will refund ICO investors who lost $500,000 to scammers
Enigma, the investment platform that is preparing for an ICO next month, confirmed today that it will refund members of its community who lost money after a scammer compromised its…
Make sense of ICOs at Disrupt SF 2017
Token sales, better known as ICOs, are the biggest disruptor in the technology world this year — perhaps even this decade. That’s why it’s a major topic at Disrupt SF…
India’s Supreme Court rules that privacy is a fundamental right for citizens
India’s universal identification program — Aadhaar — suffered a setback today after the country’s Supreme Court voted unanimously in favor of individual privacy. Given the prevalence of data in today’s…
Business messaging service Eko picks up $2M to fuel push into Japan, US and UK
Eko Communications, a U.S.-Thailand company that operates a messaging app targeted at businesses, has closed a strategic investment of $2 million to grow in Japan and expand into Europe and…
Google expands its public Wi-Fi program for emerging markets to Indonesia
Google is launching its public Wi-Fi program, which offers free connectivity at railway stations and other locations such as universities, in Indonesia, the company announced today. The Indonesia launch is the…
This startup is bringing Alipay-style QR code payments to Indonesia
The growth of digital payments and banking in China, where it has become mainstream and spawned numerous on-demand industries, is inspiring companies to pursue similar opportunities across. Indonesia, the world’s fourth…
Samsung’s Bixby assistant is now available for Galaxy S8 owners worldwide
Samsung’s Bixby voice assistant is now global after it expanded into over 200 countries today. Bixby is Samsung’s answer to Apple’s Siri, Amazon’s Alexa and other virtual assistants. It got…
Spotify launches in Thailand to continue its Asia push
While talk of Spotify’s apparent upcoming IPO continues in the U.S., the music streaming service is furthering its coverage of Asia after it launched its service in Thailand. Spotify Premium,…
Hackers nab $500,000 as Enigma is compromised weeks before its ICO
The ICO hackers are at it again. Enigma, a de-centralized platform that’s preparing to raise money via a crypto token sale, had its website and a number of social accounts…
Auto giant Continental buys Singapore-based Quantum Inventions for $29M
German automotive giant Continental is furthering its push into the future of transportation after it got its check book out to acquire Quantum Inventions, a Singapore-based company that specializes in mobility…
New Apple videos explain how iOS 11 and its multi-tasking features work on the iPad
iOS 11, the next version of Apple’s mobile operating system, is quite the game-changer for iPad owners. We wrote that the software effectively turns an iPad into a mobile computer through…
Cloudflare CEO calls for a system to regulate hateful internet content
Cloudflare CEO Matthew Prince has called for the implementation of a framework to govern how the internet’s gatekeepers deal with cases like The Daily Stormer. This comes after a number…
Alibaba leads $1.1B investment in Indonesia-based e-commerce firm Tokopedia
Alibaba has continued its push into Southeast Asia after it led a $1.1 billion investment in Tokopedia, an e-commerce firm based in Indonesia. A valuation for the deal was not…
Alibaba’s profit doubles to $2.1B after another huge quarter of business
Alibaba had another blockbuster quarter of business as its profits almost doubled. The Chinese e-commerce giant reported net profit of 14 billion RMB ($2.1 billion) for its recent quarter that finished…
Google is testing a data-friendly version of its Search app
Google might soon release a data-friendly version of its search app for mobile. That’s because the company is currently piloting such an app in Indonesia, as the eagle-eyed team at…
Alibaba, Tencent, Didi and other tech firms pour $12B into mobile operator China Unicom
China is about to take net neutrality to the next level after a group of influential tech companies that includes Baidu, Alibaba, Tencent, Didi Chuxing and JD.com agreed to invest…
Uber’s new head of Asia is a former Goldman exec who once climbed Mount Everest
Regular run-ins with government regulators and battles with well-funded local rivals have made Asia challenging terrain for Uber. The challenge is such that it’s fitting that the U.S. ride-sharing giant…
Tim Cook ‘disagrees’ with Donald Trump’s response to Charlottesville violence
Apple CEO Tim Cook has criticized U.S. President Trump’s reaction to the violent events that took place over the weekend in Charlottesville, Virginia, which left one woman dead. “I disagree with…
Tencent posts record $2.7B profit as mobile game revenue tops PC for first time
Tencent, Asia’s highest valued technology company, posted a record quarterly profit of $2.7 billion (18.2 billion RMB) thanks to explosive growth from mobile games. The firm’s profit in Q2 2017…